Scorecard reassignment and wonky score changes?

[Remedios]

I don't know about AAoA, I can certainly dig through reports later, but this happened when AoOA reached three years. That's where the loss is almost certain. 

[SouthJamaica]

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@Remedios wrote:

I don't know about AAoA, I can certainly dig through reports later, but this happened when AoOA reached three years. That's where the loss is almost certain. 

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Sorry, I read your post wrong.

[Remedios]

It's okay, too many acronyms as is.

[Anonymous]

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@Remedios wrote:

@Anonymous  spare yourself from searching,  you won't find an example of a gain. 

As far as @Anonymous , I'd guess she's going into 740something to 750 on TU and EQ.

EX is already kinda leveled, so I wouldn't expect too much of a change there

Or, maybe she will stay roughly where she is. My scores were higher than Cassie's when I got sent to big girl scorecard, so I guess I had to "lose" more 

EQ was my highest (788), and that's where the real drop happened, about 25 points, bringing it in line with the other two who were around 765, and they dropped to 751 (identical drop, data not identical due to number of HPs). 

I had multiple accounts under a year, and it didn't make it any better. Before I could have up to 50% of accounts report a balance with miniscule drops, after reassignment, penalties for additional cards reporting balances were much higher.

That's just my experience, but @Anonymous profile and mine are nothing alike, I had over five stupid accounts before Fico was generated (no kidding), I've never experienced HP points losses like Cassie, and I cannot remember a life without new account penalty.

I should be free on January 1st. I want all the Ficos! All of them. 

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@Remedios I actually ran across one of your old posts while searching. So November 2017 what is your first account on record now? Was it a credit card or loan? i'm betting it was a card. 

that's an interesting observation that the number of accounts reporting a balance is more harsh on a mature/new account scorecard than a young/new account scorecard. Thank you for that observation. 

another thing is Cassie's will be conflated with the age of oldest revolver hitting 2 years, so that may offset a decrease, but then again that may not be as important a threshold in a mature card. 

[Remedios]

Nope, it wasn't a card. It was a closed auto loan that reached three years. 

Opened September 2017, didn't like having a loan, closed three months later. 

[Anonymous]

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@Remedios wrote:

Nope, it wasn't a card. It was a closed auto loan that reached three years. 

Opened September 2017, didn't like having a loan, closed three months later. 

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@Remedios very interesting what is the age of your oldest Revolving Account, please?

[Anonymous]

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@Remedios wrote:

@Anonymous  spare yourself from searching,  you won't find an example of a gain. 

As far as @Anonymous , I'd guess she's going into 740something to 750 on TU and EQ.

EX is already kinda leveled, so I wouldn't expect too much of a change there

Or, maybe she will stay roughly where she is. My scores were higher than Cassie's when I got sent to big girl scorecard, so I guess I had to "lose" more 

EQ was my highest (788), and that's where the real drop happened, about 25 points, bringing it in line with the other two who were around 765, and they dropped to 751 (identical drop, data not identical due to number of HPs). 

I had multiple accounts under a year, and it didn't make it any better. Before I could have up to 50% of accounts report a balance with miniscule drops, after reassignment, penalties for additional cards reporting balances were much higher.

That's just my experience, but @Anonymous profile and mine are nothing alike, I had over five stupid accounts before Fico was generated (no kidding), I've never experienced HP points losses like Cassie, and I cannot remember a life without new account penalty.

I should be free on January 1st. I want all the Ficos! All of them. 

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I'll find out tomorrow morning what happened at EX on 7 scores.

Nothing starts reporting until the 2nd, and even when it does the account section will be identical to November's 3B report: same 2 cards reporting the same exact balances on each, with the other 2 at $0. ($520 + $160, each 4% individual, 2% [2.125] aggregate)

Even though I'm not applying for anything in the next few years, the suspense is killing me and it will still hurt to see the various drops. At least it will be fun to provide a full report on changes to all 28 scores.

Hopefully, FICO 3 will come through for consolation. Like a seagull with IBS flying over a freshly washed car and missing the target.

[Anonymous]

And number of accounts with a balance seems to be harsher on mature/new account scorecards, so that also sucks. 😕

[Anonymous]

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@Anonymous wrote:

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I think this is an example of what was misguidedly called in one article instability, which can correct itself with a little time, a few to several months. So I think the general answer is that while the characteristic change may cause an abrupt score change, with a little bit of time, it should correct itself. 

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That's probably the case, but if we circle back to my mortgage app example, a little bit of time / several months may not be possible.  This person could receive a worse interest rate and end up paying thousands of dollars more over the life of their loan simply because their file got 1 month older.  I recognize that this is an extreme example above and probably doesn't happen often in the grand scheme of things, but it still bothers me.  I just feel like something could be worked into the algorithm to prevent this.  Maybe even something as simple as raising the lower limit of the scorecard that begins at 3 years AoOA, or raising the upper limit of what is possible at 35 months AoOA.

[Anonymous]

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@Anonymous wrote:

@RemediosOK let me do some searching and maybe even make a post, I will try to find one.

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Search over! All 7 EX CMS scores are up!

EX 2 went up +8 to 751 - the highest I've ever seen it. And that's with 2 scorable inquiries that will drop off 2 months from now.

It's even higher now than EQ5 and TU4 (742 & 747), and they have 0 scorable inquiries.